Just as a learning lesson, never let a tenant modify your lease.

You could even consider offering to modify the agreement into a month-to-month agreement.

Forget the HM lender and either get seller to modify the payment or do the HELOC or both.

In this type of situation your attorney can go back at them and modify the contract and get you a price reduction or you walk. 

Failure to meet the minimum standards will be cause for termination of the rental agreement.This Addendum modifies the rental agreement, and is part of an effort to establish uniform standards for Tenant and resident housekeeping.

I had an idea  to modify the BRRRR strategy; instead of refinancing out the most amount of money possible to start the cycle over, you just refi your original investment out and open a line of credit on the rest of the equity.

As things come up in the future it is always a good think to modify and add rules to your lease.

We live in 1 unit and rent the other 2 out to offset our mortgage, so a modified house hack situation.

The 10 year maturity date is where the HELOC will modify into a different product all together.

The 10 year maturity date is where the HELOC will modify into a different product all together.